Wyoming Real Estate

Wyoming real estate is perfect for folks who love the unspoiled wide open spaces. The low population of Wyoming has allowed it to maintain its friendly rural lifestyle, and small towns and villages are much more common than big cities or urban sprawl. The mountains that ring the center of Wyoming --an area called the Big Horn Basin -- offers a sheltered environment for farms and ranches to thrive. Nearby Yellowstone Park provides year round recreational activities for the whole family and some of the most breathtaking scenery in the world. The famous ski resort in Jackson Hole attracts visitors from all over the world to enjoy the posh accommodations and upscale restaurants.

The housing market in Wyoming has remained steady during the national economic downturn, and the 15 percent drop experienced in housing sales over the past five years has stabilized and is on an upward trend. Most houses in Wyoming towns sit on large lots, and some ranches have hundreds of acres. Homes tend to be large -- up to 9 bedrooms -- and many have panoramic views of the surrounding countryside. Monthly mortgage payments average from $500 to $700 for 3-5 bedroom houses, and the banks in Cheyenne have kept the interest rates low throughout the recession.

Wyoming real estate has still maintained its value, despite the crisis caused by the natural gas production slowing down over the past few years. The implementation of wind energy farms is easing the financial burden by bringing new jobs and industries into Wyoming. Over 15 percent of the houses in Wyoming use alternative fuel sources, and the conditions are right for many more houses to be built 'off the grid' as the technology for converting sun and wind power for residential use becomes more efficient and cost effective.

Wyoming Real Estate Listings

Wyoming Real Estate Market